Answer:
The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.
Explanation:
The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.
<em>Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.</em>
Answer:
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Explanation:
omgirwkms if u can read that u need a hug
1. is credit card
2. is debit card
3. is card
hope this helped!!!
Explanation:
Total Per Unit
Sales $ 337,500 $ 45
Less: Variable Cost $ 165,000 $ 22
Contribution margin $ 172,500 $ 23
Less : Fixed Cost $ 121,000
Profit $ 51,500
Sales Total = $ 45 * 7,500 Units
Variable Cost Total = $ 22 * 7,500 Units
Contribution Margin Total = $ 23 * 7500 Units
Answer:
Option C
Explanation:
Entry: DEBIT CREDIT
Work in Process Inventory 16,640
Manufacturing Overhead(w) 4,160
Wages Payable 20,800
Working: Manufacturing Overhead = 20,800 x 40% = $4,160
Note: In order to find out the work in progress and manufacturing Overhead we will consider sum of all direct cost as Work in progress and allocate the sum of indirect to Manufacturing Overheads.
